Score

1.46 /10
Danger

Levicryptotrade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.58

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Levicryptotrade

Company Abbreviation

Levicryptotrade

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Levicryptotrade · Company summary

Note: Levicryptotrade's official site - https://levicryptotrade.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Levicryptotrade Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments forex, commodities, indices, stocks, etc.
Demo Account Not mentioned
Leverage Not mentioned
Spread Not mentioned
Trading Platform MT4
Minimum Deposit $500
Customer Support Email: support@fxprocoinvent.com
Company Address Westfield Liverpool, Macquarie St, Liverpool NSW 2170, United Kingdom

What is Levicryptotrade?

Levicryptotrade is a broker based in the United Kingdom. It operates without regulatory oversight and its official website has already shut down.

Levicryptotrade

Pros & Cons

Pros Cons
  • MT4 Supported
  • No Regulations
  • Dead Official Website
  • Limited Customer Support Channels

Pros:

  • MT4 Supported: Levicryptotrade supports MetaTrader 4 (MT4), a popular and highly regarded trading platform known for its advanced charting tools, automated trading capabilities, and user-friendly interface.

Cons:

  • No Regulations: The platform operates without any regulatory oversight, which concerns users about the safety of user funds and the overall reliability of the platform.

  • Dead Official Website: The shutdown of its official website limits access to essential information and updates, making it difficult for both current and potential traders to engage with the platform or receive support.

  • Limited Customer Support Channels: Customer support is only available via email, lacking more immediate communication options like phone or live chat, which is very limited.

Is Levicryptotrade Legit or a Scam?

  • Regulatory Sight: Levicryptotrade is currently without regulatory oversight and any licenses that would enable it to conduct its operational standards in the financial market. This lack of regulation poses numerous risks to investors, such as a lack of transparency, security concerns, and no guarantee of adherence to industry standards and practices.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

Levicryptotrade offers a certain range of market instruments. These include:

  • Forex: Levicryptotrade offers trading in the forex market, involving currency pairs from around the world including major pairs like EUR/USD, minor pairs, and exotic pairs.

  • Commodities: Trading in commodities encompasses a range of products such as precious metals like gold and silver, energy commodities like oil and natural gas, and agricultural goods like coffee and sugar.

  • Indices: Levicryptotrade provides access to a variety of global indices, allowing traders to invest in broad market trends and sectors.

  • Stocks: Stocks of numerous corporations across different sectors and geographies are available for trading on Levicryptotrade.

Trading Platform

Levicryptotrade offers its clients access to the MetaTrader 4 platform, a widely recognized and trusted trading platform in the industry. This platform allows users to execute trades, analyze markets, and manage their accounts efficiently. Users have the flexibility to access the platform directly from a web browser, making it convenient for trading on the go. Additionally, the MetaTrader 4 platform is available for desktop users who prefer a more comprehensive trading experience. It also supports mobile trading, enabling users to trade seamlessly from their Android or iOS devices, providing flexibility and accessibility to the markets anytime, anywhere.

MT4

Deposit & Withdrawal

For deposits and withdrawals, Levicryptotrade accepts traditional methods such as credit and debit cards, and wire transfers, which are commonly used for their reliability and widespread acceptance. Levicryptotrade also supports modern payment methods, including Bitcoin, which allows for potentially faster and more private transactions. Others, such as Skrill and WebMoney, are supported as well.

Customer Support

Levicryptotrade provides customer support through email only, with the address atsupport@fxprocoinvent.com. Unfortunately, the lack of additional contact methods, such as phone support or live chat, shows that their customer service options are quite limited. The office address they provided is at Westfield Liverpool, Macquarie St, Liverpool NSW 2170, United Kingdom.

Conclusion

Levicryptotrade is a broker with no regulations and no available official website. The support channels it provides are very limited, too. We do not recommend this broker to any user.

Frequently Asked Questions (FAQs)

Question: Does Levicryptotrade support MT4/5?

Answer: Yes, it supports MT4.

Question: What is the minimum deposit required?

Answer: The minimum deposit required is $500.

Question: Is Levicryptotrade regulated?

Answer: No, it is not regulated.

Question: Is my money safe with Levicryptotrade?

Answer: Not at all. Levicryptotrade is a non-regulated broker with an inaccessible official website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment

1